Weekly Review Of Polyester Market In Changshu, Jiangsu

From the polyester Market in Changshu, this week (May 28, 2010 to June 3rd), the 27 day PTA futures rebounded sharply and the purchasing power of downstream tickets was strengthened. The volume of trading on the 28 day of -29 was "blowout", especially the POY production and marketing rate reached 400-500%, some factories even higher, and the price trend disappeared at some low prices. However, the volume dropped to 31 days, and the two days later, the overall sales volume of the market was insufficient, and the price of varieties was stable temporarily, but the actual paction price had already loosened.

Judging from the trend of market varieties, FDY68D/24F and 75D/36F can barely walk in a week. It is mainly used for warp knitting machines. The market demand of FDY75D big gloss silk is more concentrated, and the price trend has increased by 100-200 yuan /T amplitude. At present, the market center price is about 13100-13200 yuan /T, and the quality of other quality goods reaches 13400 yuan /T.

FDY150D also has a certain demand in the big round machine, and the price trend has changed little. The center quoted price in the market is 11600-11700 yuan /T.

In the DTY market, the market of 100D/36F and 150D/48F showed a "reduced price and flat price" state. The main reason was that the supply of Taicang increased production and the market price trend was higher than the market price. At present, the market center price was 12900-13000 yuan /T and 12000-12200 yuan /T respectively, but the trading volume in the past two days was significantly reduced, while the DTY150D/96F and 144F (fixed weight) market supply balance; the DTY75D/72F (Network) market also had small batch purchases, mainly on the warp knitting machine.

In addition, due to the fact that velvet fabric has entered the production stage, the sales volume of polyester cotton yarn has been significantly enlarged in this market.

From the trend of upstream and downstream products, the price of polyester chip contracts is in a downward trend. Generally speaking, the market is short shipped to the paction price of 9050-9100 yuan /T in March, while the weft knitted fabric and warp knitted fabric are rising, but the export volume has dropped slightly compared with the same period last year. The starting rate of weft knitting machine has dropped slightly, with an estimated rate of 70% below. However, the warp knitting rate has remained at 95% level last week, and the consumption of polyester has not been reduced greatly in downstream weaving.

Next week, it is expected that polyester will have a trend to make up the warehouse, and the price will be more likely to be consolidated.